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CF Industries Holdings Inc (NYSE: CF) released its Q2 results after market close on Wednesday. Earnings per share came in below Wall Street consensus expectations.
CF Industries reported EPS of $0.33 and revenues of $1.134 billion. Analyst consensus had an EPS estimate of $0.68 and revenues of $1.13 billion.
"Our plants ran well and we set all-time records for production and sales volume while achieving healthy price realizations, despite difficult market conditions," said Tony Will, president and chief executive officer.
Company management thought 2017 demand outlook for fertilizer would be positive as many nitrogen consuming markets are expected to see continued increases in product applications.
At time of writing, CF Industries traded at $24.51 in Wednesday's after-hours session.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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